The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1887-09-01
THE SUMTER DEFALCATI0N.
The Government Inspector Takes
Charge Of the Bank-Ressons why
Bartlett Should Have Been Re.
moved Long Ago.

moved Long Ago.
SUMTER, August 24.-Mr. Samuel
D. Tate, of North Carolina, Gov
eminent bank examiner, arrived here
late yesterday evening and was
closeted with President Wallace un.
til very late hour in the night. He
took charge Of the bank this morning
and has been busy all day examining
it's affairs. He cannot yet say anything
definite about its condition, as the
investigation has not progressed far
enough. he says, so 1 am told on
the streets, that the examiner who
was here in March last, and who pro.
nounced the books in excellent con-
dltion, could not have made a very
thorough examination, or he could
not have made such report, as the
books were then, as well as now, in
very bad condition.
1t seems that very few persons, if
aaybody at all, had an idea that
Bartlett was speculating in futures,
although it was known that he pos
sessed great betting propensities and
has for several years been investing
heavily in the Louisiana State Lot.
terry. On Monday morning, a short
time after his flight became known,
an express package was delivered at
the bank for Bartlett, which, upon
being opened, was found to contain a
check of New Orleans bank for
$3.50, and 1924 worth Of lottery
tickets. During the Presidential cam
paign of 1884 Bartlett is known to
have WOE several hundred dollars on
the result. At that time one of his
bondsmen wrote him that he desried
to come off the bond, but for some
reason he remainnd on it. No sus-
picion was entertained then, how
ever, that anything was wrong with
him. One of the counsel for the
bondsmen told me this afternoon
that they intended Sighting the mat
ter to the last. Major Green Bart
let's father-in law, teIegraphed his
family that it will be impossible for
him to come out here at present.
THE RECEIVER OF TIE BANK.
Mr.. John E. Phillips, of Charles
ton bookkeeper for George A. Tren'
holm & Son, has been appointed re.
ceiver for the Sumter National Bank,
which has been placed in such Sc.
rious straits by the Bartlett defalca-
tion. Mr.. Phillips was appointed at
the suggestion of Col. VIM: L. Tren'
holm. United States comptroller Of
the treasury; and having wide ex'
perience in the keeping Of accounts
will no doubt give general satisfac.
ton. He has already furnished bond
to the amount of $4,000, and will
Immediately assume charge of the
bank.
DID BARTLETT 60 WEST?
A railroad man said to a Reporter
yesterday that he was OF the opinion
that Bartlett, the absconding bank
cashier, had gone West via Charles.
ton, and the theory that he had
bought a ticket to the North in order
to throw the officers of the bank off
his track was the correct one.
''The correctness Of this theory"
said he. lis borne out by the fact
this was the shortest, quickest and
most convenient route by which he
could get out of the country. The
train which took him from Sumter
reached Florence at 1.l5 A. n. At
1.3O be took the fast mail train for
Charleston, reaching Ashley juno
ton at 4 A. NJ, when be boarded the
train for Savannah. This train Car:
ried him through to the West, land.
ing him at I o'clock the next morn.
ing in New Orleans, where the
Southern Pacific Railroad makes
close connection for Mexico and
points in the far West"
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